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How China Just Triggered the Bitcoin Bull Run!
In this episode of Bitcoin Simply, Dante Cook dives deep into the recent actions of the Chinese central bank, which has made significant moves by cutting interest rates and unlocking billions to boost the stock market. As Bitcoin approaches a potential breakout, Dante discusses the correlation between Bitcoin and global liquidity, backed by research from experts like Lyn Alden and Sam Callahan. Did we just enter an epic bull run? You don't want to miss this one!!
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CHAPTERS:
00:00 - China's Monetary Bazooka: Rate Cuts and Market Reactions
01:58 - Bitcoin's Response to Global Liquidity
02:50 - Cautionary Tales: Historical Risks of Central Bank Interventions
03:55 - Counterparty Risks in Bitcoin Investments
05:09 - Skepticism Towards Central Banks and Bitcoin Custody
06:44 - The Dangers of Fractional Reserve Banking with Bitcoin
07:27 - The Importance of Self-Custody in Bitcoin
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